The novel Finnish Longitudinal OWNer-Employer-Employee (FLOWN) database was used to analyze how the characteristics of owners and employees relate to firm performance as determined by labor productivity, survival and employment growth. Focusing on the role of the owner’s formal education and...

Analyzing data on all U.S. employers in a cohort of entering firms, we document a highly skewed size distribution, such that the largest 5% account for over half of cohort employment at firm birth and more than two-thirds at firm age 7. Little of the size variation is accounted for by industry...

Using novel data from micro, small, and medium firms in Viet Nam, we estimate the relationship between behavioural and personality traits of owners/managers - risk attitudes, locus of control, and innovativeness - and firm-level decisions. We extend the analysis beyond standard metrics of firm...

This study investigates the effects of human capital, social capital and their interaction on the performance of 1,398 Vietnamese new-born firms. Operating profit is used as the measure of success. Human capital is captured by individual-level professional education, start-up experience, and...

Using novel data from micro, small, and medium firms in Viet Nam, we estimate the relationship between behavioural and personality traits of owners/managers - risk attitudes, locus of control, and innovativeness - and firm-level decisions. We extend the analysis beyond standard metrics of firm...

This paper compares the information content of the number of persons self-employed with the number of active firms, as measures of the entrepreneurial resources of an economy. Our purpose is to examine whether the two variables respond equally to the same potential sources of variability...

This research presents a comparison of the impact of personal and environmental factors on the entrepreneurial intention of students living in Baltic Sea region countries. Data on students' intentions to start their own businesses was obtained from 10054 respondents studying in Estonia, Finland,...

We use micro data on skills to analyze the human capital of entrepreneurial and incumbent plants in U.S. manufacturing over 2005-2013. We find a large drop in cognitive skills in entrepreneurial plants. This has long-term implications since initial cognitive skills at the plant level predict...